Horner believes budget cap gives advantage to works teams

Christian Horner believes that the introduction of budget caps in Formula 1 could be an advantage for works teams.

“What is incredibly important for Red Bull is that we are afforded the same opportunities as our competitors like Ferrari and Mercedes,” said Horner, speaking about the state of negotiations ahead of F1’s 2021 revamp to Motorsport.com.

“I don’t think there is any team in F1 that would not like to see its cost base go down,” he added. “You are not going to be able to reduce everyone’s costs to that of Sauber, so there is going to have to be a midway point.